Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
BlackRock plans to add Bitcoin exposure to its $36.5 billion Strategic Income Opportunities Fund

BlackRock plans to add Bitcoin exposure to its $36.5 billion Strategic Income Opportunities Fund

CointimeCointime2024/03/05 02:11
By:Cointime

The world's largest asset management company BlackRock submitted a revision, planning to add bitcoin exposure to its Strategic Income Opportunities Fund (BSIIX). The BSIIX fund has a total size of 36.5 billion US dollars, and as of March 1st, the net assets of its share class totaled 24.2 billion US dollars. The fund typically invests in fixed income securities and other market sectors under specific conditions.

This bitcoin exposure, including exchange-traded funds (ETFs) for spot bitcoin trading, is expected to enhance the fund's attractiveness and performance, providing a modern investment path for traditional asset investment. According to the March 4th document, BlackRock intends to purchase shares of exchange-traded products (ETPs) that closely track bitcoin price performance, including shares that hold digital assets directly.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!